This study examines the productivity, efficiency change and technical progress of small manufacturing firms in Coimbatore, India using Data Envelopment Analysis. Since July 1991, major economic policy changes have been made under an economic reforms programme. The new policies have relaxed or...

In the ascending-price auctions with Yahoo!-type buy-it-now (BIN), we characterize and derive the closed-form solution for the optimal bidding strategy of the bidder and the optimal BIN price of the seller when they are both risk-averse. The seller is shown to be strictly better o with the BIN...

Using a panel data on Taiwanese manufacturing firms from 1990-1997, this study investigates the relationship among technological knowledge, spillover and productivity. In addition to R&D stock, we also employ patent counts to construct the output-side indicators of knowledge and spillover to...

This paper uses panel data of Taiwanese electronics firms to investigate the Granger causality relationship between R&D and productivity growth, while taking into account the effect of R&D spatial spillovers. Unlike previous studies, the R&D spatial spillover effect is calculated by a geographic...

The establishment of science parks is employed as a vital strategy for developing high-tech industries in many countries. Whether new technology-based firms (NTBFs) located within science parks are, in comparison to their counterparts located outside of science parks, more efficient in terms of...

In the ascending-price auctions with Yahoo!-type buy-it-now (BIN), we characterize and derive the closed-form solution for the optimal bidding strategy of the bidder and the optimal BIN price of the seller when they are both risk-averse. The seller is shown to be strictly better o with the BIN...

In Taiwan, a dichotomous market structure is closely related to the progress of economic development. The purpose of the present article is to examine the market dynamics and dichotomous nature of Taiwanese manufacturing. A model of dynamic adjustment of industry structure is considered when...